BP sells 65 pc stake in Castrol for $6 billion

IANS | December 24, 2025 1:58 PM

New Delhi, Dec 24 (IANS) BP on Wednesday announced that it has agreed to sell a 65 per cent stake in its lubricants business Castrol to global investment firm Stonepeak for around $6 billion.

India’s ultra-rich prefer to invest in growth assets, especially in tier 1 and 2 cities

IANS | December 24, 2025 12:16 PM

Mumbai, Dec 24 (IANS) India’s ultra-high net worth individuals (UHNIs), representing a cumulative net worth of over Rs 2 lakh crore, prefer to invest in growth assets, particularly in tier 1 and Tier 2 cities, where 54 per cent allocate over 80 per cent of their portfolios to growth capital, compared to 23 per cent in metros, according to a new report.

Sarbananda Sonowal urges entrepreneurs, investors to tap Assam’s potential

IANS | December 24, 2025 9:09 AM

New Delhi, Dec 24 (IANS) Union Minister Sarbananda Sonowal has urged industry leaders, startups and investors to partner in Assam’s growth story, saying that the convergence of policy innovation, connectivity expansion and good governance has created a strong foundation for long-term regional prosperity.